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Clear AllValue Research Rating
Quality Score 
0/0
Growth Score
0/0
Valuation Score
0/0
Momentum Score
0/0
Today’s Range
52 Week Range
Liquidity
Market cap
₹9,858 Cr
Revenue (TTM)
₹3,474 Cr
Net Profit (TTM)
₹407 Cr
ROE
19.2 %
ROCE
22.7 %
P/E Ratio
24.2
P/B Ratio
3.6
Industry P/E
24.98
EV/EBITDA
15.6
Div. Yield
0.9 %
Debt to Equity
0.1
Book Value
₹90.3
EPS
₹13.4
Face value
1
Shares outstanding
304,742,010
CFO
₹5,438.85 Cr
EBITDA
₹3,983.12 Cr
Net Profit
₹643.85 Cr
|
Company
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|---|---|---|---|---|---|---|---|
|
Usha Martin
| -14.0 | 4.0 | 7.8 | -9.6 | 37.4 | 89.5 | 31.6 |
|
BSE Commodities
| 6.0 | 4.6 | 9.4 | 4.6 | 13.1 | 29.4 | -- |
|
BSE Small Cap
| -6.6 | 6.8 | 11.2 | 6.8 | 24.8 | 37.4 | 16.4 |
|
Company
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
|---|---|---|---|---|---|---|---|
|
Usha Martin
| 29.1 | 72.2 | 91.1 | 142.9 | 33.1 | -25.4 | 50.0 |
|
BSE Small Cap
| 29.0 | 47.5 | -1.8 | 62.8 | 32.1 | -6.8 | -23.4 |
|
BSE Commodities
| 8.1 | 17.5 | 1.2 | 61.5 | 26.1 | -4.6 | -19.2 |
Is there a threat to the company's solvency?
Can creative accounting be detected through the financial numbers?
How did the company perform in the last one year?
5Y Avg -- 3Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
--
--Min --Median --Max
Earnings Yield (%)
--
Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
--
Price = Price / Earnings to growth ratio
Company |
Price (₹) | Market Cap (₹ Cr) | Revenue (TTM) | Net Profit (TTM) | OPM (%) | ROE (%) | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
|
Usha Martin
|
323.6 | 9,858.4 | 3,474.2 | 388.5 | 14.4 | 15.3 | 24.2 | 3.6 |
| 383.6 | 5,990.6 | 3,507.2 | 146.4 | 6.8 | 11.8 | 41.4 | 4.7 | |
| 186.1 | 1,276.4 | 619.3 | 72.4 | 17.8 | 10.1 | 17.6 | 1.7 | |
| 63.4 | 33.8 | 0.0 | -1.3 | -- | -15.6 | -- | 4.3 | |
| 353.3 | 5,983.3 | 6,718.1 | 412.0 | 8.9 | 7.7 | 14.6 | 1.1 | |
| 10.3 | 274.3 | 745.0 | 10.1 | 0.7 | 11.1 | 27.1 | 2.9 | |
| 407.5 | 2,075.3 | 935.3 | 58.8 | 11.1 | 10.7 | 35.3 | 3.7 | |
| 1,787.9 | 8,227.3 | 786.8 | 93.1 | 17.0 | 17.9 | 88.4 | 15.0 | |
| 1,321.1 | 84.3 | 84.5 | -0.3 | -2.3 | -0.9 | -- | 2.1 |
1 min read•By Danish Khanna
1 min read•By Vikas Vardhan
Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally. The company offers wire ropes, including oil and offshore, crane, mining,... elevator, fishing, aerial transportation, locked coil, and general engineering ropes, as well as ropes for conveyor cords and structural systems. It also manufactures a range of industrial machines, including wire drawing machines, stranding machines, wire rope closing machines, steel plant equipment, cable machines, and material handling equipment; machines for manufacturing bright bars; machines for armoring and rewinding; and copper coating lines for CO2 welding wire manufacture. In addition, the company provides pre-tensioning & post-tensioning solutions; pre-stressing solutions; anchorage accessories & equipment, hydraulic jacks, powerpacks, and grout pumps and agitators; and pre-stressing machines & accessories, as well as installation services. Further, the company offers spring steel, CO2 welding, detonator, mattress, cold heading quality, auto spoke, brush, needle, and cycle spoke wires; and LRPC strands, such as compacted, indented, and bonded and un-bonded polymer coated galvanized LRPC strands, as well as manufactures wire drawing and allied machines. Additionally, it provides optical fiber, aerial cables, micro ducts, hybrid category, FTTH/drop, aerial copper, duct copper, and jelly filled copper cables. The company was formerly known as Usha Beltron Limited and changed its name to Usha Martin Limited in May 2003. The company was founded in 1960 and is based in Kolkata, India. Read more
Incorporated
1986
Chairman
Vijay Singh Bapna
Managing Director
Rajeev Jhawar
Group
Usha Martin
Headquarters
Kolkata, West Bengal
Website
Our rating system has guided millions of investors in the past 20 years.
Annual Reports
The total asset value of Usha Martin Ltd stood at ₹ 3,748 Cr as on 31-Mar-25
The share price of Usha Martin Ltd is ₹323.55 (NSE) and ₹323.50 (BSE) as of 21-May-2025 IST. Usha Martin Ltd has given a return of 37.45% in the last 3 years.
Usha Martin Ltd has a market capitalisation of ₹ 9,858 Cr as on 21-May-2025. As per Value Research classification, it is a Small Cap company.
The P/B ratio of Usha Martin Ltd is 3.58 times as on 21-May-2025, a 3% discount to its peers’ median range of 3.68 times.
The P/E ratio of Usha Martin Ltd is 24.20 times as on 21-May-2025, a 3% discount to its peers’ median range of 24.98 times.
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Step 4. Search for the Usha Martin Ltd and enter the required number of quantities and click on buy to purchase the shares of Usha Martin Ltd.
Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally. The company offers wire ropes, including oil and offshore, crane, mining, elevator, fishing, aerial transportation, locked coil, and general engineering ropes, as well as ropes for conveyor cords and structural systems. It also manufactures a range of industrial machines, including wire drawing machines, stranding machines, wire rope closing machines, steel plant equipment, cable machines, and material handling equipment; machines for manufacturing bright bars; machines for armoring and rewinding; and copper coating lines for CO2 welding wire manufacture. In addition, the company provides pre-tensioning & post-tensioning solutions; pre-stressing solutions; anchorage accessories & equipment, hydraulic jacks, powerpacks, and grout pumps and agitators; and pre-stressing machines & accessories, as well as installation services. Further, the company offers spring steel, CO2 welding, detonator, mattress, cold heading quality, auto spoke, brush, needle, and cycle spoke wires; and LRPC strands, such as compacted, indented, and bonded and un-bonded polymer coated galvanized LRPC strands, as well as manufactures wire drawing and allied machines. Additionally, it provides optical fiber, aerial cables, micro ducts, hybrid category, FTTH/drop, aerial copper, duct copper, and jelly filled copper cables. The company was formerly known as Usha Beltron Limited and changed its name to Usha Martin Limited in May 2003. The company was founded in 1960 and is based in Kolkata, India.
The prominent promoters of Usha Martin Ltd. are
| Name of promoters | Holding percentage |
|---|---|
|
UMIL Share & Stock Broking Services Ltd. |
13.48%
|
|
Kenwyn Overseas Limited |
8.06%
|
|
Usha Martin Ventures Limited |
6.21%
|
|
Neutral Publishing House Ltd |
4.78%
|
The chairman of the company is Vijay Singh Bapna, and the managing director is Rajeev Jhawar.
There is no promoter pledging in Usha Martin Ltd.
Some of the close peers are:
| Company | Market Cap(₹ Cr) |
|---|---|
|
6,213
|
|
|
2,086
|
|
|
1,359
|
|
|
275
|
|
|
68
|
|
|
34
|
|
|
7,681
|
|
|
6,213
|
|
|
5,988
|
| Usha Martin Ltd. | Ratios |
|---|---|
|
Return on equity(%)
|
15.3
|
|
Operating margin(%)
|
14.37
|
|
Net Margin(%)
|
11.06
|
|
Dividend yield(%)
|
0.93
|
Yes, TTM profit after tax of Usha Martin Ltd was ₹407 Cr.
₹-10.55
(
